Published on 2/8/2011 in the Prospect News Structured Products Daily.
New Issue: Goldman sells $13.2 million equity notes on Topix for Eksportfinans
By Susanna Moon
Chicago, Feb. 8 - Eksportfinans ASA priced $13.2 million of 0% equity index-linked notes due April 16, 2012 based on the Topix index via Goldman Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.
The issuer priced the notes at 99.9 for proceeds of $13.18 million.
The payout at maturity will be par plus any index gain.
Investors will be exposed to any losses.
Issuer: | Eksportfinans ASA
|
Issue: | Equity index-linked notes
|
Underlying index: | Topix index
|
Amount: | $13,197,000
|
Proceeds: | $13,183,803
|
Maturity: | April 16, 2012
|
Coupon: | 0%
|
Price: | 99.9
|
Payout at maturity: | Par plus any index gain; exposure to losses
|
Initial level: | 939.8087
|
Pricing date: | Feb. 4
|
Settlement date: | Feb. 11
|
Underwriter: | Goldman Sachs & Co.
|
Fees: | 0.25%
|
Cusip: | 28264M798
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